Earnings ·
Eldorado Gold reported Q2 2026 net earnings of $172.8 million, or $0.69 per share, driven by a higher average realized…
EGOEldorado Gold Corp
Eldorado Gold reported Q2 2026 net earnings of $172.8 million, or $0.69 per share, driven by a higher average realized gold price of $4,379 per ounce despite lower production volumes of 104,616 ounces. The company declared a quarterly cash dividend of $0.075 per common share, payable September 15, 2026 to shareholders of record on September 1, 2026. Significant leadership changes include George Burns retiring as CEO effective September 30, 2026, with Christian Milau assuming the role, and Dan Myerson appointed Chair following Steve Reid's departure. Skouries construction is nearing completion with first ore crushed in July, targeting Q3 production start-up, while McIlvenna Bay achieved first copper concentrate in June and zinc concentrate in July.